Crypto
Lido DAO Launches First Third-Party ETH Staking Vault on stVaults
The Lido DAO has announced that Stakely's public ETH staking vault is now live on its stVaults framework. This marks the first live third-party build on Lido V3's stVaults, allowing anyone to stake ETH with Stakely-operated validators.
The vault pairs staking with Lido's EarnETH strategy for additional DeFi rewards. Each deposit through Stakely's operators functions similarly to deposits made through Lido's own interface, with stETH issued against staked ETH.
This development opens a new ETH deposit channel that channels protocol fees to Lido, flowing directly into its existing fee mechanics. For LDO holders, this vault serves as the first proof that Lido's modular staking model can attract external operators and deposits.